Zscaler (NASDAQ:ZS) CFO Kevin Rubin Sells 1,682 Shares of Stock

Zscaler, Inc. (NASDAQ:ZS) CFO Kevin Rubin sold 1,682 shares of the company’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $156.59, for a total value of $263,384.38. Following the sale, the chief financial officer owned 46,479 shares in the company, valued at approximately $7,278,146.61. This trade represents a 3.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Zscaler Price Performance

NASDAQ:ZS opened at $155.99 on Thursday. The firm has a market capitalization of $25.08 billion, a price-to-earnings ratio of -371.40 and a beta of 1.07. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.90 and a quick ratio of 1.90. The business has a 50 day simple moving average of $180.47 and a 200-day simple moving average of $244.35. Zscaler, Inc. has a 1 year low of $140.56 and a 1 year high of $336.99.

Zscaler (NASDAQ:ZS) last released its quarterly earnings results on Thursday, February 26th. The company reported $1.01 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.12. The company had revenue of $815.75 million for the quarter, compared to analyst estimates of $798.92 million. Zscaler had a positive return on equity of 0.06% and a negative net margin of 2.25%.Zscaler’s quarterly revenue was up 25.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.78 EPS. Zscaler has set its Q3 2026 guidance at 1.000-1.010 EPS and its FY 2026 guidance at 3.990-4.020 EPS. Equities analysts forecast that Zscaler, Inc. will post -0.1 EPS for the current year.

Hedge Funds Weigh In On Zscaler

Several institutional investors have recently made changes to their positions in the company. Rockefeller Capital Management L.P. increased its stake in shares of Zscaler by 5.6% during the fourth quarter. Rockefeller Capital Management L.P. now owns 13,344 shares of the company’s stock valued at $3,001,000 after buying an additional 708 shares during the period. Spear Advisors LLC bought a new position in Zscaler during the 4th quarter worth about $3,460,000. EMC Capital Management increased its position in Zscaler by 779.1% during the 4th quarter. EMC Capital Management now owns 3,780 shares of the company’s stock valued at $819,000 after purchasing an additional 3,350 shares during the period. Worthington Financial Partners LLC purchased a new position in Zscaler during the 4th quarter valued at about $720,000. Finally, Sentinel Dome Partners LLC purchased a new stake in shares of Zscaler in the 4th quarter worth approximately $990,000. Hedge funds and other institutional investors own 46.45% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently issued reports on ZS. UBS Group lowered their target price on shares of Zscaler from $350.00 to $340.00 and set a “buy” rating for the company in a report on Wednesday, November 26th. HC Wainwright reissued a “buy” rating on shares of Zscaler in a research report on Wednesday, November 26th. Stephens decreased their price objective on shares of Zscaler from $340.00 to $225.00 and set an “overweight” rating for the company in a research note on Monday, February 23rd. Oppenheimer dropped their target price on Zscaler from $280.00 to $250.00 and set an “outperform” rating for the company in a research report on Tuesday, March 10th. Finally, Canaccord Genuity Group reduced their price target on Zscaler from $340.00 to $275.00 and set a “buy” rating on the stock in a report on Friday, February 27th. Two analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $267.13.

Zscaler News Roundup

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Analysts maintain a favorable stance — Zscaler has an average recommendation of “Moderate Buy,” which supports longer-term demand for the shares. Zscaler, Inc. (NASDAQ:ZS) Receives Average Recommendation of “Moderate Buy” from Analysts
• Positive Sentiment: New commercial/security initiatives could drive revenue growth — Zscaler and Bharti Airtel launched an AI & Cyber Threat Research Center, strengthening enterprise/government footholds in APAC and highlighting AI/security positioning. Zscaler and Bharti Airtel announce launch of AI & Cyber Threat Research Center
• Positive Sentiment: Product expansion improves addressable market and compliance appeal — Zscaler expanded global data‑sovereignty capabilities on its Zero Trust Exchange (new regions, control/logging planes), which can help win regulated customers. Zscaler (ZS) Expands Global Data Sovereignty Capabilities on Zero Trust Exchange
• Positive Sentiment: Industry commentary favors Zscaler among cyber names — an expert highlighted Zscaler as a resilient cybersecurity pick amid the software/AI reshuffle, which can attract defensive capital. Software Stocks Are Down—Expert Says These 3 Names Still Look Strong
• Negative Sentiment: Unusually heavy put-option activity signals short/bearish sentiment — large volumes of put buying were reported (about 47,656 puts, ~74% above average), which can amplify downward pressure and volatility as traders hedge or position for declines. Zscaler Target of Unusually High Options Trading (NASDAQ:ZS)
• Negative Sentiment: Insider selling by multiple executives — recent disclosures show the CEO, CFO and other senior execs sold shares (collective sales in mid‑March), which investors often view as a near‑term negative signal even if not unusual for diversification/tax reasons. SEC Insider Sale Filing (example)

Zscaler Company Profile

Zscaler is a cloud security company that delivers a cloud-native platform to protect users, applications and data as organizations move away from traditional, network-centric security architectures. The company focuses on a zero trust approach that assumes no implicit trust for users or devices, providing secure access to the internet, SaaS applications and private applications regardless of where users are located. Zscaler positions its services as an alternative to legacy appliances and site-centric VPNs, aiming to simplify security while enabling modern, distributed workforces.

Key offerings are built around the Zscaler Zero Trust Exchange, a multi-tenant cloud platform that enforces security and access policies in-line.